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SmartStop Self Storage REIT expands portfolio with acquisitions in Washington, D.C., and San Jose
Transactions - DECEMBER 24, 2024

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SmartStop Self Storage REIT expands portfolio with acquisitions in Washington, D.C., and San Jose

by Released

SmartStop Self Storage REIT has acquired two high-quality self-storage facilities, expanding its presence in strategic markets in Washington, D.C., and San Jose.

The Washington facility, located at 1401 22nd Street Southeast, is a class A, five-story building offering approximately 74,300 net rentable square feet and approximately 830 fully climate-controlled storage units. Two elevator access points facilitate customer access.

Located just four miles southeast of downtown, this facility enjoys excellent visibility from the Anacostia Freeway and Pennsylvania Avenue, which collectively see daily traffic of approximately 167,000 vehicles. The surrounding area features a dense residential population with robust median household incomes and a projected 6.1 percent population growth within five years. This facility is ideally positioned to serve the neighborhoods of Lincoln Park, Kingman Park, Hill East, Fort Dupont, Coral Hills, Benning Ridge, Dupont Park, Hillcrest, Naylo

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